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The $18 billion University of Texas Investment Management Company (UTIMCO) will move to terminate several managers from its roster during its next board meeting on March 30.
According to the agenda, Barclays Global Investors (BGI) will be terminated from an index account benchmarked against the S&P 500 and from an S&P 400 Mid-Cap Index account because the portfolio's "no longer fit UTIMCO's strategy." The firm was also stripped of a Russell 2000...